48 Macfarlan Street, South Yarra VIC 3141, Australia
Alternate search: Unit 1, 48 Macfarlan Street.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sold | Feb 2025 | $250,000 | $2,604 |
| Sold | Apr 2020 | $240,000 | $2,500 |
| Sold | Dec 2015 | $220,000 | $2,291 |
| Sold | Jun 2011 | $272,000 | $2,833 |
| Sold | Nov 1984 | $208,500 | $2,171 |
Price per m² based on land size of 96 m².
The site comprises approximately 96 m² of land. This compact footprint is ideal for boutique retail, service‑oriented or small‑scale office uses.
South Yarra railway station is about 0.3 km away, providing access to the Pakenham, Cranbourne, Frankston and Sandringham lines. Tram stops on Punt Road/Toorak Road are within 0.2 km, and several bus routes run along Commercial Road.
The property is situated close to the upscale shopping strips of Chapel Street and Toorak Road, as well as the Jam Factory and Prahran Market. These high‑profile venues attract substantial foot traffic and complement retail or hospitality concepts.
Yes – South Yarra is known for its trendy, up‑market retail and dining scene, with a strong concentration of cafes, restaurants and boutique stores along Chapel Street and Toorak Road, making it a vibrant environment for such businesses.
The site is located near major thoroughfares including Toorak Road and Punt Road, providing straightforward vehicular access from the surrounding suburbs and the CBD.
Longford Cinema is essentially on the same block (0 km), and other nearby attractions such as the Photographers' Gallery (0.4 km) and local hospitality venues add to the area's appeal for customers.
